News & Views

Deloitte Academy workshop – “Tax Updates 2018: An eye on what really matters”.

November 26 @ 1:30 pm – 5:00 pm. Cleopatra Hotel, 8 Florinis Street, Nicosia, 1065 Cyprus. The Deloitte 2018 Direct Tax update is ideal for individuals that would like to get-up-to speed with the latest tax developments both locally and internationally. Don’t miss the opportunity to listen to Pieris Markou (our Tax and Legal Services Leader) and Michael-Aris Michaelides (Director in the Deloitte Tax and Legal Services Department) sharing their understanding of the most significant tax law amendments that took place during 2018. More specifically the event will cover and outline the changes in the Tax laws

CYPRUS – RUSSIA: THE END OF STORY OR A NEW ROMANCE? A CASE STUDY FOR BUSINESS TO PREVENT TAX DISPUTES

CIBA supported with great success the Conference “Cyprus – Russia: the end of story or a new romance? A case study for business to prevent tax disputes” which was organised by Eurofast and Pepeliaev Group. The event was opened by the First Secretary of the Embassy of the Russian Federation in the Republic of Cyprus […]

COUNTRY-BY-COUNTRY REPORTING OBLIGATIONS RELATED TO CBCR EXCHANGE RELATIONSHIPS – COURTESY OF EY

CYPRUS ISSUES ANNOUNCEMENT ON COUNTRY-BY- COUNTRY REPORTING OBLIGATIONS RELATED TO CBCR EXCHANGE RELATIONSHIPS On 19 September 2018, the Cypriot Tax Department issued an announcement regarding Country-by-Country Reporting (CbCR) obligations related to CbCR exchange relationships as follows: Constituent entities with a Cypriot Ultimate Parent Entity (UPE) will not be subject to local filing in their jurisdiction […]

CIBA SUPPORTS PROPOSAL FOR THE ESTABLISHMENT OF A TRANSPORT ANALYTICS CENTRE OF EXCELLENCE (TRACE) IN CYPRUS

CIBA is pleased to announce that it is supporting the proposal for the establishment of a Transport Analytics Centre of Excellence (TrACE) in Cyprus, through the WIDESPREAD-2017, TEAMING Horizon 2020 programme. The transportation industry is enormous, encompassing everything in terms of movement of both people and goods locally, regionally and internationally by land, sea and […]

2018-2019 CYPRUS COUNTRY REPORT

We are pleased to inform you that the 2018-2019 Cyprus Country Report is now live. The Report includes in-depth interviews with the President of the Republic of Cyprus, Minister of Energy, Commerce, Industry and Tourism and Minister of Finance as well as detailed sector profiles and cutting-edge insights from Cyprus’ 100 most influential political, economic […]

SURVEY BY EU COMMISSION REGARDING THE CHANGE OF CLOCK TO SUMMER/WINTER TIME

Initiative by the European Commission regarding abolishing the daylight saving time. Take 2 minutes to express your views on the above mentioned subject via the link below:- https://ec.europa.eu/info/consultations/2018-summertime-arrangements_en Make your voice heard – complete and submit the survey by 16th August 2018.

ELECTRONIC SUBMISSION OF THE 2017 PERSONAL INCOME TAX RETURNS (T.D.1) – COURTESY OF EY

Electronic submission of the 2017 Personal Income Tax Returns (T.D.1) for employees and self-employed Further to a recent announcement of the Tax Department of Cyprus, the Taxisnet System (https://taxisnet.mof.gov.cy) is now open and can also accept electronic submissions of Personal Income Tax Returns (Form T.D.1) for employees and self-employed individuals for the tax year 2017. […]

CIBA REPRESENTED AT THE “CFO CONFERENCE: LEADERSHIP BEYOND FINANCE”

CIBA was a supporter of the 1st Conference for CFOs, organised by WTC Cyprus on behalf of ICPAC and its CFO Committee – Wednesday 23rd May at Amathus Hotel, Limassol with a participation of more than 130 delegates. Please follow the link below to read the press release of the event here below:- http://www.wtccy.org/?pageid=742

CIBA-CIIM “CELEBRATING WOMEN IN BUSINESS”

The Cyprus International Business Association (CIBA) for the 2nd consequent year collaborated with the Cyprus International Institute of Management (CIIM) to host the  Celebrating Women in Business event, which took place at the Four Seasons Hotel, with huge success. Mrs. Doxia Nikia Hadjivassiliou, President of CIBA and Dr. Theodore Panagotou, Director of CIIM addressed the […]